
PIX
Brazil’s prepaid card, digital wallet market to reach $53B by 2030
In other news, Chinese firm Alipay has announced the completion of a payment transaction using smart glasses.
Brazil’s largest commercial bank Itaú eyes stablecoin launch
Itaú's Head of Digital Assets, Guto Antunes, said the bank's decision to proceed with the stablecoin plans depends on the...
Automated payments bring $30B for Brazil’s Pix in e-commerce
Elsewhere, Bahrain’s Arab Financial Services has received the green light to expand in the United Arab Emirates, investing $150 million...
It’s ‘DREX,’ not digital real: Brazil unveils the name of its CBDC
DREX is an acronym for digital real electronic transactions, with its logo depicting two arrows that signify the evolution of...
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